Category: Offshore production

SBM Offshore reimaging FPSO ops with Cognite and SLB to power next wave of AI-enabled innovation

Oct. 2 (offshore-energy.biz) Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has strengthened ties with Cognite, an industrial AI software-as-a-service (SaaS) company, and SLB, a U.S.-headquartered technology player, to create an enhanced artificial intelligence (AI) blueprint envisioned to bolster operational efficiency and fuel further innovation in floating production systems. In... Continue Reading →

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Transocean Secures $243M in Ultra-Deepwater Drillship Contract Extensions with Petrobras and bp

Oct. 2 - Offshore drilling contractor Transocean has secured two contract extensions with Petrobras and bp for two of its ultra-deepwater drillships. In aggregate, the extensions represent approximately $243 million in firm contract backlog. In Brazil, Petrobras exercised a 30-day option for the Deepwater Mykonos in direct continuation of its firm program. The extension is... Continue Reading →

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CNPE approves guidelines for offering oil and gas blocks beyond 200 nautical miles under the production-sharing regime

Oct. 1 - The National Energy Policy Council (CNPE) approved, this Wednesday (October 1st), a resolution establishing guidelines for the inclusion of oil and natural gas exploration blocks under the production-sharing regime located beyond 200 nautical miles, in accordance with the Brazilian Continental Shelf Survey Plan (Leplac). The decision represents a regulatory milestone for the... Continue Reading →

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CNPE Authorizes Auction of Production Individualization Agreements for the Mero, Atapu, and Tupi Oil Fields

Oct.1 -The National Energy Policy Council (CNPE) approved, this Wednesday (October 1st), a resolution authorizing Pré-Sal Petróleo (PPSA), a state-owned company linked to the Ministry of Mines and Energy (MME), to hold the Auction for the Sale of Rights and Obligations arising from the Production Individualization Agreements (AIPs) for the Mero, Atapu, and Tupi Shared... Continue Reading →

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Vallourec Signs Another OCTG Order from Petrobras

Oct. 1 - French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings. The order covers the production and installation of more than 30 units, to be delivered and installed in Brazil’s offshore pre-salt... Continue Reading →

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Petrobras FPSO P-78 arrives at the Búzios Field

Sept. 30 - After departing the Benoi shipyard in Singapore on July 13th, the FPSO P-78 arrived today, September 30th, at the Búzios Field, in the pre-salt layer of the Santos Basin. The unit will now be connected to the wells to begin production shortly. The Búzios Field is located in ultra-deep waters of the Santos Basin at depths of up to 2,100... Continue Reading →

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Brazil Is Destined to Become One of the World’s Top Five Oil Producers

Sept. 30 (oilprice) Recently, the International Energy Agency (IEA) identified Brazil as a key non-OPEC oil producer responsible for driving global production growth. A swathe of world-class ultra-deepwater pre-salt oil discoveries, the first made in the Lula field during 2006, are driving a massive offshore oil boom. Not only is Brazil Latin America’s largest oil producer, but the... Continue Reading →

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